BUSINESS ADMINISTRATION
BUSINESS LAW
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Relationships
|
|
|
Unfair Persuasion
|
|
|
Threats
|
Detailed explanation-1: -The elements of undue influence are: (1) Susceptible testator or settlor; (2) Another’s opportunity to exert such influence; (3) The fact of improper influence exerted or attempted; and (4) The results showing the effect of such influence.
Detailed explanation-2: -Example of real or apparent authority: A Father exerts undue influence upon his son to do something on the will of his father. Otherwise, he will part his relation with a son. A factory owner exerts undue influence upon his employee to make a certain agreement with him.
Detailed explanation-3: -Undue influence always involves a relationship between the two parties, with one party in a superior position over the other. Undue influence doesn’t involve a direct threat like duress does. Instead, it involves excessive pressure by the party in the dominant position on the party in the inferior position.